lori: thank you so much. good monday, i'm lori rothman. melissa: president obama and governor romney criss-crossing the country with a day left until voters hit the polls. what's the single thing that could tip the scales one way or the other? we'll ask lucina -- lou dobbs. lori: northeast in the dark, no power, no gas. how much longer will the fuel shortage last? we'll head to the source. melissa: bracing for another storm, a nor'easter with winds and rain had haded this way. can't believe it. all of that straight ahead. lori: unreal. going to the new york stock exchange. stocks searching for direction, mostly leaning lower this session. >> that's right. not too far off the end, major

averages we saw with the dow, nasdaq, and s&p. dow jones industrial at 13064, down 30 points now, but as we noted, the market is mixed to a certain extent, watched sector to sector, and movers followed closely. let's look at time warner and transocean offshore. first, let's start off with time warner, the numbers tell you that they underdelivered according to bern steen and other analysts. they lost more than anticipated, but gained interpret customers, fewer than that, and off the elections, and, of course, stiff competition as far as transocean, profits topped expectations, revenue jumping 23%. that's a winner. back to you. lori: oil near $85 a barrel after sandy, and phil flynn is in the trading pits for the cme for us, and what's pushing oil

today, phil? >> well, you know, i think a lot of things, but more than anything, there's a pop up in the crude contract increasing geopolitical risk, al-qaeda attack on the yes , ma'am -- yemen border, and they are there giving a market a boost, but the products rebound after getting crushed on friday. in a weird way, i guess we got to be happy about upcoming gasoline prices because it could be a sign things are getting back to normal in the northeast. price crushinged because -- crushed because of demand. that's given us a rebound in that market. heating oil, of course, the proxy for jet fuel slammed. it got hit harder than any of the oil products. it's coming back a bit as well. all in all, the market being up a little bit, maybe a sign demand could come back as soon as they start to get power to everybody on the northeast.

back to you. >> interesting. thanks so much. >> thank you. >> well, the president and governor romney criss-crossing the country in a last minute blitz, no surprise. they will be in ohio, remains a tossup, which could be the key to deciding the outcome. lest. jeff flock is in columbus with the latest. jeff? >> of all the tossup states, the greatest among these is ohio which is why there's a big rally planned here today. i'm at the nationwide arena, and i want to take you inside, not only is president obama going to be here today, but a lot of the folks are here to see srb -- can i sneak in? thank you. here to see jay-z, and bruce springsteen. the folks here are fortunate to get a personal seat not just to see the president, but the entertainers as well. that's all part of the effort to energize the base and get voters

out. we were earlier today, early voting location. it's amazing to me the lines. if anybody gets in line before 2, ends at 2, about an hour, if anyone is in line at 2, they will be allowed to vote, and, of course, this early voting, very important, democrats have the lead on that, and just getting them chargedded up, and according to those who know, what they are coming down to as close as the race is. one person said, i just hope somebody wins tomorrow. >> that's right. >> i hope it's not a huge mess, i don't care who it is, just somebody, please win. >> echoing a lot of folks' sentiment. >> absolutely. that's what everyone is saying. >> there's a strong chance it's not decided. we won't have a definitive president until wednesday morning. just what we need. >> it would be terrible. >> quite the news cycle lately. thank you, sir. >> when sandy barreled across the northeast, it pushed

politics off the front page for a minute. still, was it enough to stall mitt romney's momentum? joining us a the chairman and ceo of the apple group, refining supermarket, two of the industry's most impacted by sandy here in the northeast, and, john, i also want to say the last time you were on, there's a prediction about the price of gas, absolutely right. you're the man with the finger on the pulse of everything going on in the region. talk about politics. do you think sandy was enough to stall mitt romney? >> no, i think the wind is on mitt romney's backs, and i think he's searching, and i predict a victory for mitt romney. >> why is that? why are you confident he will secure ohio? there's reporting today that wall street executives believe it's an obama college win. >> well, they can believe whatever they want, but they gave a top of money, and i

believe, 95% of wall street executives and bankers gave their money to mitt romney. >> why is it -- sounds like you're a romney supporter. why are you given the industries you're in, and, you know, you span the business community. why do you feel he's better? >> as i told my friends, you know, oil businesses are the number one business, and if obama is elected, i'll make twice as much money. if mitt romney is elected, i'll make less money, but the country survives. >> why? why? >> because of supply and demand. mitt romney is dig, dig, dig, and there's more supply many america and that'll take care of the deficit too, and if obama continues ongoing after the solo stuff and stuff, the oil business makes a top of money. >> what's the status of the gas crisis in the northeast in wake of hurricane sandy? >> it's temporary because of the lack of the power. some of the terminals were

affected. >> resolving now? there's long gas lines. >> yes, it's solving. every day is better than yesterday, and i believe that over the next days it will be solved. >> your refining business, and we were far inland supplying most of the petroleum needs between buffalo and pittsburgh. that area is normal. >> are you seeing increasedded demands from gas stations here who can't get supply from the normal area? >> yes, we had a lot of requests and fill them whenever we can of shipping additional product to the east coast, east coast. >> are you seeing prices go up because of the additional demand? a little of price increase based on supply and demand, and don't forget, transportation. if you sell a truckload across the street from the refinery, that's one price. if you sell it 300 miles away,

traps-wise, it's different. >> do you think the problems here impact other gas customers in neighboring cities? people thought it would in the spread, but it stretched on longer than nip predicted. what do you think? >> i think it goes away -- by next weekend, back to normal. >> okay. from your mouth to hopefully, you know the saying, how it ends up. i wanted to talk about the grocery store business because you run here in manhattan, people cleared out the shelf. >> another storm's coming. >> with another storm coming. is there enoughed food coming in? >> yeah, we've been -- we have -- we've bought a lot of products from fern in new jersey, huntspoint market in new york, and other markets, and we always had constant supply. most of doors have been open every day. >> did you lose money because you threw out stuff? >> 11 stores closed because of con edson, and we had to throw

out all the perishables, and, you know, you file a insurance claim. you know insurance companies, maybe they pay, maybe they won't. we threw away all perishable, and ten of the 11 stores closed are open now, but it's a problem, especially in new york city, inner city manhattan, usually we don't get -- we lose power like that, and we're talking about on battery gas thing, generators for gas stations or maybe the apartment buildings should have generators for elevators as least. >> right, yeah, absolutely. john, always great. thank for coming on, we appreciate it. >> wonderful conversation, thank you, sir. >> thank you. >> who is wall street betting on to win tomorrow? charlie joins us in minutes from the new york stock exchange. >> plus, a critical week for greece, antiausterity moves, and whether they should abandon the year row.

see where metals are heading. dow down 26 points. gold trading up, silver higher as well, but copper is trading lower.

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charlie? >> well, you know, guys, if you talk to wall street executives, ceo level executives with plugs into both campaigns, although, wall street heavily with money supported mitt romney for this year's election. they are saying that president obama wins in a walk particularly n the electoral college, predicting a huge obama victory. how are they coming to this? well, listen, like i said, they talked to pollsters, the guys who talk to political consul at that particular times until the -- consultants until the cows come home. they are plugged in. here's the interesting thing, david axelrod said the obama victory is baked in. call it cocky, but he says it's a no-brainer that they win big. that's where we are now. i should tell you my survey is not sign tiffing. --

scientific. it's random, but it's at all the major places, and it's ceo or ceo-types that i'm talking to, and i tell you, they are saying that this is a huge it's a huge win for obama. now, let's give caveats here. wall street, located in new york. well, the left leaning media, you don't have to be a rocket scientist to figure it out. reporters are avertly or hiding it just a little; right? supporting the president this year. i'm not talking about most commentators, but reporters, stories are very much skewed. i'm still seeing bane attack stories today. the media is in the tank for president obama. the question is, as some guy just crushed -- on purpose --

criewshed the -- crushed his cellophane in front of me, i wonter why he did that. must not like my reporting. they think obama wins big time. >> we got it. thank you so much. >> european sovereign debt crisis is going on, and all the headlines here in the u.s., the northeast, and the election -- >> i forgot about that. >> but, boy, it is still going on. this is the start of a crucial week, in particular for greece. the prime minister is presenting its new austerity package to parliament today after he pledged yesterday this round of wage and pension cuts would be the last and greek society will not tolerate anymore cuts. powerful unions launching a 48 strike against the legislation tomorrow, and they planned marchs in athens, city center, and journalists and doctors are planning work stoppages. looking at the reaction in the financial markets, specifically

currency. euro against the dollar, down eight weeks, and speculations greek struggles to win the funds, parliament voting on cuts on wednesday. that cross 127.80, a stronger dollar against the euro today. >> let's check the market with nicole, and tech names in focus today? >> that's right. it's easy to focus on techs today. nasdaq, the one index that's tried to succeed out green. it's back in the green two points. two names that steal the show often. that's apple, number one apple saying they sold 3 million ipads over the week, not saying which was the ipad mini, but the ceo said they cannot keep up production in order to meet demand, and that it was a record launch for the ipad mini. good news there. there's folks bullish on the stock longing for the holiday

season and such. netflix, interesting here. we'll continue to follow it. acquired 10% stake in an fcc filing, and now the company adopted the poisen pill, more difficult for a hostile takeover by an acquirer, and that could be -- we'll see what they have in mind, but netflix is one we'll continue to watch. back to you. >> thanks so much. >> the northeast reeling after sandy. we're live in brooklyn as they they to recover. >> the gas shortage no signs of rebating. take a look at how the dollar is fairing. it's trading stronger against the year row and the -- euro and the pound. we'll be right back.

>> this has been the longest week ever living in the northeast. it's been, again, nearly a week since sandy landed reeking have

-- havoc on the coast. the recovery is a complicated task. fox news david lee miller in the red hook section of brooklyn with the latest. david, how are things there? >> well, the national guard has been here for the last few hours, distributing a number of supplies, one of which is especially interesting. look at these fleece lined jackets. they're originally intended for use for runners in the new york city marathon. they are like capes and shawls to keep you warm, but the marathon was canceled, and they decided to make good use of the clothing donating it those who need it now the most, the victims of the megastorm. one of the things noticeable about red hook, brooklyn, is as you look around, it appears to be untouched by the storm. it's a nice day, temperatures

are cool, it's sunny, people are outside, there's no water. it's receded. a lot of the debris cleaned up, but if you look at the housing prompts here in red hook, and there are more than two dozen of them housing thousands and thousands of people, inside are residents prisoner. they are trapped. they don't have electricity or water. they have a hard time exiting the building to get food. a woman told me she cannot take it much longer, and she's about to break down. listen to what she said. >> we can't live like this. it's too hard. we can't not live like this. there's people who have not left their apartment because they are scared. come on, we cannot live like rats. this is disgusting. you walk up the stairs you see it. it's pitch black, stings in the hallway. we can't do nothing, nothing at all. >> we went on the tour, ten

flights of stairs, debris, but human waste, no emergency lights in the stairwell, and we got to the apartment, it was heated because she kept her gas oven on and almost every resident in the building is doing the same thing. that, in and of itself is dangerous, a formula for disaster. toilet facilities, nonexist tent because there's no running water. she pours what water she can obtain and carry upstairs into the toilet to use it. residents like her are demanding more help. they want the mayor here. they say they want information about when, at long last, the lights are going to be turn the on underscoring that, remember, the storm hit one week ago today, and these people say there's no help in sight. back to you. >> wow. >> desperate times. >> david lee miller, thank you for that story today. up real. >> amazing. new jersey residents forced to

wait in line for hours to fill up their tanks, and in a controversial move, governor christie decided against giving away free gas. >> fema wanted me to give away free gas, and i said no. they said, we're taking the gas back if it's not free. i said, good, then take it back. i was not going to set up that may ham -- mayhem that they had across the river. >> was that the right decision? no one knows that better than the direct of the gasoline automotive association representing 1,000 gas stations in the state, and sal is joining us on the phone. before we get to the situation now, tell me your reaction to chris christie's decision to say no free gas? was he right it would have caused chaos or is that needed? on the phone: here's a true leader. it was a hard decision, but it was the right one.

there's no need to bring more chaos into that state. that was a good decision on the governor's part, and he has been tremendous leading the fight to try to get gasoline into the state; however, as hard as he's fighting, we're having difficulty getting our gas stations supplied and my members are very frustrated. >> before you get to that, sal, you're not against giving away free gas because it would have cost you money, owners would have been reimburressed from the -- reimbursed from the state; correct? on the phone: i don't know how it worked. it was not made based on a financial decision. i think he made it based on a -- the way he described it as mayhem. i think he was 100% correct. >> and the problem right now is that price and availability and what's going on with that? >> well, the availability is problematic. we have a problem getting

delivery trucks loaded at the distribution terminals, and when trucks can get filled and can get two gas stations, we're having a problem getting the gas pumped into cars because there's a lack of power at many gas stations still even though there are many that have been back up with their electricity. there's many that do not, and those that do have power quickly run out of the gas that that do have in the ground and find a difficulty being resupplied. >> people thought this would be resolved by now. how much of how much longer will it go on given people thought it would be over? >> include me in one of those people that was wrong. i predicted that we would see this easing by the end of the weekend which was yesterday that has come and gone, and we have not seen the easement that i

thought would happen. i still do believe we are just a few pieces of the puzzle away from getting the drain unclogged and gas flowing. again, it's very important for viewers to understand this is not a gasoline shortage. this is not a supply shortage. this is a delivery shonch. it's a difficulty getting the gas that is presentful from where it is stored all the way through the chape into the customers' cars. >> thank you. keep us posted. we appreciate it. >> he knows his business. >> finger on the pulse. northeast not out of the woods yet, and we are bracing for another storm. can you believe it? we have the latest forecast straight ahead and how it's going to mess things up like the gas problem we're talking about. >> the reality is it's november, winter's setting in here. take what you can, i suppose. wealth advisers weighing in the

presidential election, and what's the issues facing them? we're following the big money in smart money. looking at the stock market, winners and losers, and with with dow down itself. we're back after this. ♪

melissa: time for stocks now as we do every 15 minutes. let's head to the floor of the new york stock exchange. nicole petallides is standing by and watching retailers right now. >> that's right. there is the near term and long term and both ways looking pretty good for both these names, target and costco here. let's take a look here. target is the first one we're focusing on. jpmorgan raising a target to overweight from neutral.

they have accelerated earnings growth. easy holiday comparisons and good merchandise drivers and great deal they're working with neiman marcus. that is enough to give the stock a boost and good stock valuation if i didn't messenger that one. as far as costco, bmo initiating coverage. $115 price target. competitive edge as well. you've seen a lot of people hitting stores in the aftermath of hurricane sandy as well. back to you. lori: fourth quarter, retailers as always, nicole, thank you. since president obama took office in january 2009 the s&p 500 is up about 60%. did you realize that? well a new study showing despite the rising stock market a majority of investors and advisors are not feeling too confident in the u.s. economy four years after the president entered the white house. here with more on the study is the vice chairman of the $13 billion money management term, brinker capital. welcome back to the show, john. >> thank you, lori. good to be here. lori: the survey you did is among financial advisors

getting their opinion specifically on political issues and the takeaway from what i'm seeing most would prefer a romney administration. do you agree and why is that? >> well i think that they feel they're in an economic malaise. if you look at the statistics, basically they're saying, over 40% of the advisors feel that their clients are doing a little better and almost equal amount of advisors feel their clients are doing a little bit worse. you know, you mentioned something very interesting about the 60%. i go around the country and i bring that up with advisors and bring it up with swrestores. yeah, the market is up almost 60% for the last four years. do you feel it? do you feel that way? i would say the advisors do not. 88% of all advisors are saying that the number one issue is the economy, and they feel an equal number that romney is the person who will be able to deliver on the continuation of the bush tax cuts, which could help us avoid the fiscal cliff. lori: it is interesting --.

lori: i thought you were finishing up there. did you want to make one last statement? >> i was going to say, 88%, just to give you a sense, four years ago when we did the same survey 20% cited the economy. almost 50% cited energy policy. lori: these financial advisors are representing wealthier americans though. what would you say the takeaway would be if it were a more broad spectrum of income iners? >> when you think about the affluent, that is really who the advisor is an advocate for, these are people that help to stimulate the economy. this is, you know, i've been talking about the last few days, the other big story. it is the sandy stealth stimulus. and i think advisors want to be able to see with all of the damage 60 million people impacted there's a lot of television sets and automobiles and housing and all these things that will be impacted. in terms of purchasing.

if you're taxing those people that have that ability, if you're taking away that stimulus, it is going to have an impact on the economy. lori: so do you understand why some people would look at the survey, john, i'm playing devil's advocate, it is really skewed. mitt romney always had the 1%, if you will, vote. is there anything to takeaway in terms of what tax policy should look like across the board, specifically corporate taxes even in that respect to really get the economy and working the jobless crisis as well going again? >> i think so. 70% of the respondents said that we need to see a cut in corporate taxes. now we both know that both candidates are proposing this. i think the key is going to be how well they do in getting rid of loopholes that really have made an unbalanced playing field. we know from corporate surveys, corporations aren't arguing about changes in the tax code that affects corporations. they're saying give us a

number. lori: john i have only a couple of seconds. do you think governor romney can win tomorrow? >> well, in my business advice is far better than opinion. so we're going to keep that one to ourselves for right now, but i certainly think it will be an exciting race and think we'll have, we'll have a game-changer. lori: do you think we'll have a winner though, i guess is the other question? >> i would say 32 years ago is the last time we saw a game changing election like this. lori: john, thanks so much for your time, sir. >> thank you, lori. melissa: the presidential election in a dead-heat. we were just talking about that. what will tip the scales one way or the other when voters head to polls tomorrow? we'll ask lou dobbs about that. lori: how do people feel with the hurricane behind us and the election ahead of us, they're buying treasurys today. selling off a little bit but yields are still down. 1.68 is the percentage on the 10-year note. out the curve the 0-year-old yield is down to 2.68%.

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>> i'm liz macdonald with your fox business brief. stocks continue to drift between gains and losses. just a day before the presidential election. right now the dow is down about 7 points to 13,086. some low wage employers are reportedly shifting full-time positions to part-timers in order to avoid the effects of the president's health care law. under the reform law large companies must provide health insurance for

full-time workers or pay a tax. according to "the wall street journal" some companies are highering more part-time workers instead and limiting hourly employees schedules to below 30 hours a week. disney's wreck it ralph had a strong debut taking in more than 49 million bucks. it not only took the top spot but best opening weekend for disney animated feature. that is the latest from the fox business network, giving you the power to prosper

melissa: with one day until voters head to the polls we want to know what is the one thing that could tip the scales one aor the other? lou doobs is here with his take. this segment was my idea to ask you. >> excellent. melissa: we're down to the wire and everyone is biting their nails. >> i love the idea. i'm very flattered that you

would ask that question and the one name that would occur to you, the answer is lou dobbs. but i'll take a run at it. i will give you my opinion. and with the caveat i have no idea what ultimately will be the determining factor in this but the one thing that seems to be most persuasively pivotal in this campaign and in the outcome of the election is quite obviously turnout. i am hearing more arguments among the is a restaurants and gurus, by the way, i do not count myself among savants and gurus among politics certainly and i don't want to turn to the my wife for the list of other things that are permissible. but the fact is, if turnout does not move in the direction that governor romney wants it to, we have a race that is so tight, it could go either way. but governor romney seems to have the momentum here. the fact that pennsylvania is in play, the fact that they have got, bill clinton

in making what, four appearances in pennsylvania today. that suggests that it truly is in play and that it could move and with that kind of, we've seen the crowds there. melissa: yeah. >> huge crowds. i think 30,000 in his appearance last night. we've go president florida, which apparently the governor has a significant enough lead that it is causing the democrats to spend a lot of money. now, what is the result of that? obviously i don't know. but i do know that if the republicans can match the democrats, let's be more specific. the obama ground game operation, governor romney would very likely chance of winning. what? melissa: is the obama ground operation as fantastic as you keep hearing? they have the best ground game, they have the best ground game? what do you think?. >> they did a brilliant job in 2008. why should they screw it up

in 2012. you have to rely a little on experience and empirical evidence they did it in 2008. i don't believe they could be abandoned to the degree republicans, obviously hope. there has to be, you know, a semblance of that organization still intact and still effective. the real question that is impossible to answer is did the republicans learn well enough from 2010 about creating intensity and enthusiasm and a ground operation to get that behind governor romney? melissa: interesting. >> and that i think is going to be the election. lori: we don't have any time left but i was just going to throw out there, i feel like suffering from poll overload. too much information without a clear distinct bottom line. you want to disagree with me? >> no, i don't. i want to add one thing because you prompted my memory on one issue that is important. all of the spreads going through 2008 between mccain

and senator obama those were huge. they are massive. a lot of double-digit leads a lot of double-digit leads in state after state after0t[h7

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still uncertain as to how far west the system will also attract. this will produce potentially couple inches from very gusty winds across the eastern seaboard. lori. lori: can you imagine more days off school from kids. so many kids are off more than a week already because of sandy.

melissa: more water from people who need it. coming up tonight on "money", tennessee congresswoman, diane black, also a romney campaign surrogate. she will join me how they prepare for the laundry list of things that could go wrong in the election. we're talking about lines in ballot casting. that is 5:00 p.m. eastern here on fox business. coming down the wire. lori: no one is optimistic they can pull off the election itself without some hiccups. when will millions of people in new york and new jersey be able to get gas without waiting online for hours? oil and gas expert tom kloza joins tracy byrnes next on fox business.

tracy: hey, everyone, i'm tracy byrnes. press -- presidential

candidates with hours to go. "wall street journal's" gerry seib will tell us where this election will be won and lost. way long lines for gasoline in new york and new jersey. i know. i have witnessed it. days after officials promised relief. how long will it take for millions of people to have easy access to the gas they need to get to work? are we all going to just have to stay home? oil and gas expert tom kloza will weigh in a few minutes. first it is time for stocks as we do every 15 minutes. we head down to nicole petallides down on the floor of the new york stock exchange. nicole, so pretty in red before the election but no one is trading, huh? >> you're right. the volume is zoom what anemic. we traded just under 300 million shares on the new york stock exchange. i noted this is a lighter than usual day here on wall street. the dow jones industrials are down 11 points. not too far off from the

unchanged line. we have winners and losers we've been speaking of. but the big picture, people are still no doubt reeling from hurricane sandy. we reopened the markets after being closed for two days. now the focus for some traders looking ahead to the election tomorrow. a. a lot of companies and corporations talk about how they will work the next four years based on who is leading this administration. so there is this wait and see mode here on wall street. you can take a look at the dow, over time, over the last month or so. three of the last four weeks have had down tear rose. the last trading day? september, for example, we were at 13,437. here we are just trying to hold the 13,000 mark. so certainly that wait and see mode. the hurricane sandy still obviously hitting a got of guys show up at work unshaven but made it here, right? no power but back to you. tracy: slowly but surely we'll get it back but feels like we're taking forever. see you in 15 minutes. president obama and

mitt romney are in a dead-heat with only one day left before voters take it to the polls. we have live team coverage in two major electoral college states. we have jeff flock in columbus, ohio, my coanchor, i miss you already, ashly webster in richmond, virginia. jeff we'll start with you in columbus, ohio. both candidates are there today. this is a pivotal state, isn't it? >> tracy, nothing like the last couple days before the election in probably the state that everyone is watching more than anyone else. this is the nationwide arena, columbus, ohio. president obama will be here shortly. maybe you get some sense of this crowd. the place is packed. jay-z, the rapper, will be here. bruce springsteen, the rocker, will be here. more importantly, people that the president sneads needs to get out to vote. just talking to the people in the crowd. here is a man who thinks mitt romney is a great businessman. you like him but? >> i don't think he has the

experience to run this country. i don't think his, he is looking out for everybody. i think we, he needs to look out for all of us, not just the rich. not just the middle class. >> you said your excitement level is higher this time than four years ago. >> at least double. at least double. >> really. >> because i looked at everything. i listened. i watched. i looked on the internet. i looked at everybody's speeches. i watched each debate. i just believe president obama puts us in a better position. >> i appreciate your thoughts, sir. thank you. it is going to come down, i think, tracy to turnout. how much can you energy people like that, get them to the polls. it is already happened in terms of early voting. record numbers early voting. we'll see where it goes. going back the next hour though, maybe we'll see bruce springsteen. tracy: i do. i have to admit that. if he sings cadillac ranch i will be like tickled pink in

my little seat. jeff flock, we'll see you next hour with hopefully bruce springsteen. we head out to richmond, virginia, with my friend ashley, where also up for votes is up for grabs one of the state's senate seats. it is coming down to the wire, ash. this is a state notoriously goes red but in 2008 went blue. now what? >> it certainly did. that is very astute of you, tracy to point that out. in fact the demographics of virginia has changed. the population grew by some 10% according to the latest or last census. that has changed the political landscape as well. we have those voters in the northern virginia suburbs that typically go into d.c. to work. they tend to be more democratic. we have the military on the eastern side of virginia in the hampton roads and norfolk area and then to the west and south is the rural part of virginia, coal country, which is very solidly for mitt romney.

you mentioned this senate race. we have democrat tim kaine against republican george allen. boy, oh, boy, it is a definite, definite dead heat. it will come down to the wire. we may not even know tonight who wins this race. a lot of money put into it. more than $70 million when you include the campaign money themself and money from outside groups. that is the second only to the presidential race. a lot of money. there are of course, the democrats look at this with regards to the senate that it can maintain its majority in the senate. republicans look at this a shot to perhaps shift the balance in the senate. as we say, the amount of money being spent and ads, when we watch television here is just nonstop george allen and tim kaine ads right to the very end. i spoke with a local college student just a short time ago. he works at a hot dog joint just up the road. ironically he said his political views are covered by both candidates.

>> i'm more fiscally conservative so i would probably go with george allen, but, i don't want, i don't want the fiscally conservative policies to affect virginia's standards. i don't want to drop in any level, health care, education, anything like that, even if it means, paying less taxes or something like that. i would prefer to pay more and have a higher quality life. >> well, there you have it, i better rather to pay taxes for a more of a quality of life but i'm fiscally conservative. that is the real conundrum. that is real battle for the senate seat. george allen held the senate seat and lost it in '06 to democrat jim webb. he is now retiring. that is why the seat is up for grabs again. we'll be here throughout the rest of the day and the all-important election day

tomorrow. 13 electoral votes on the presidential side of things, tracy. it could be pivotal. i know all eyes are on ohio. you never know. both candidates, both parties campaigning hard in virginia, hoping to win the vital votes because it will go right down to the wire. back to you. tracy: ashley, that is great stuff. i hope voters of virginia can think clearer than your college friend because he is just, almost painful. >> very measured. tracy: ashley webster, we'll see you soon. god, almost hurt his head to think like that. fox business is the only place to be on election night. stuart varney, lou dobbs and of course neil cavuto will guide you through all the returns starting tomorrow at 5:00 p.m. eastern time. you can not afford to miss it. coming up we'll make money with charles payne. charles is watching a retail stock bouncing today which is really interesting because the supply chain has been kind of cut off for a lot of these companies so

does it have more room to run? still ahead the final stretch for the presidential candidates, "wall street journal's" gerry seib will tell us what president obama and mitt romney need to do in order to win. first as we do every day at this time of day see how oil is moving right now. not up so much. up 34 cents. $85.20 a barrel. we'll be right back. de and ♪

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tracy: dow so down eight points. still time to make money with charles payne. he is looking at a stock to dress up your portfolio. what have you got. >> are you familiar with ross stores? tracy: i am. not in our area. >> not in our area. i learned about it, i knew about the stock because it is a juggernaut. i said if the stock ever pulls back i would like to take a closer look. went out, saw them in california. not impressive. not on the outside. just a regular la facade. on the inside what they sell is impressive because this company has been absolutely amazing. >> what do they sell? >> like discount stuff, mostly for women's clothing is the number one item. what i like and i think makes a difference for them, 26% of their stuff comes from bed, bath & beyond type stuff. the stock is pulling back. the for the reason same store trends. up 5%. october, 4%. but kind of drifting. this is company in only 33

states. they control this cheap off the rack kind of niche. they control it. they have got a lot of room for growth. the stock recently pulled back. i think the pullback is probably excellent place to buy the stock. they just hiked dividend to 14 cents from 11 cents. i think that is always a vote of confidence for these guys. it has been in a freefall. on the cusp with firming up. longer term target would be 65 on this. tracy: cheap is kind of the new black. with holidays coming could be a place where people shop for gifts. >> i think so. i think so. between those two categories, with over 50% things women want. tracy: right. >> they focus on brand names and they have carved out a great niche. they have a great management, really great management. i guess how it looks on the outside is not as important as on the inside. tracy: we have to run. are you worried about supply issues with storms here on the east coast with retailers in general? >> i think it will be fine by the time black friday

rolls around. we hope so. we're both jersey residents. tracy: better happen by black friday, charles. thank you, charles payne. as we do every 15 minutes we head down to the floor of the new york stock exchange. nicole petallides is down there. everyone is talking about apple this weekend and these ipad sales, nicole. >> when you talk about apple you talk about the fact that ipad mini came out. they had a great weekend according to ceo tim cook. they sold 3 million ipads in those three days. they said it was a regard launch for the ipad mini. they won't break down exactly how many ipad minis were sold among those three million ipads sold. could be the ipad 3, the new ipad, the fourth generation. so there's a lot to talk about when it comes to apple. the big picture, they have said, tim cook said production has to meet demand and they're ramping it up. demand is there for ipad mini. we're moving into the holiday season.

we have some apple products i'm sure on many holiday lists. so a lot of traders are still long the stock here. today you still see it under that the $600 mark, $700 it is not. that is where it was in the middle of september. back to you. tracy: you got to wonder. you have got to believe every other house will have a mini under the tree. maybe i'm crazy. i don't know. we'll see. see you in 15 minutes. i want one. nobody is listing. nobody cares in my house what i want. we have more new york harbor fuel terminals and truck racks operating first time in a week. people in new york and new jersey are waiting on ridiculously long gas lines. when is this going to come to an end? joining us now by phone, tom kloza, chief oil analyst with the price information service. you're from wall, new jersey, tom. it was hit hard down there. how are things. >> i filled up yesterday, and i waited one car length. the lines are easing from the south to the north as electricity comes back.

this won't be anything that persists beyond a few days, trust me. tracy: why from the south to the north? because you guys, typically got hit harder than we did. we still don't have power up by us. is that the whole reason for it? >> well the terminals in new york harbor, beautiful places like bayonne and linden, were hit hardest. so those are the places that people couldn't pick up fuel. then in south jersey you can get gasoline from delaware, to philadelphia, from places in south jersey on the delaware river. those terminals opened sooner. we're getting a little more restoration on the power side in some of the nonbarrier island communities. tracy: yeah. it is slow, let me tell you, painfully slow. i know the refinery in port reading, new jersey, has partial power. that is helpful for us in north jersey and new york but the lines, i have a friend got up on 3:00 in the morning on saturday.

the gas station didn't open until six. he was 30 cars back at that home moment. you're telling me this same saturday you will not have the problem? >> absolutely. just as governor christie said. we have a unique population in new jersey very demanding and not necessarily very patient. to a certain extent there has been a little bit of a panic. there is plenty of gasoline in storage. it just needs to be access thanks to electricity. if anything i think we'll suffer from a little bit of overkill with a lot of fuel coming from other parts of the country, to new york and new jersey. the rest of the country we're dropping in price. i would bet you that by veterans day the country will be lower on fuel than they were on veterans day 2011. tracy: we are creating fear, that's for sure. i know people in connecticut have plenty of gas, fill up every time they use 1/8 of a tank. why because of this scare are gas prices still falling? i suppose that just goes to the notion that the supply is there? >> yeah. and, tracy, actually in

october we saw one of the greatest gasoline price collapses since the lehman brothers aftermath. the prices in the wholesale spot market are down anywhere from 50 cents east the rockies to $1.25 out in california. we haven't caught up to those prices yet and we will. lori:. tracy: what is the rationale for the price fall, though? >> the rationale is lower demand. lines in new york and new jersey, rest of the country isn't using that much. supply has been restored. supply. you know you mentioned the hess refinery. it is about 60,000 barrels a day. there is 16 million barrels a day of refining capacity out there to use. so it is easier to make the gasoline when you get into the fall and winter. tracy: right. >> harder to do it in spring and summer. tracy: you give me hope, tom kloza. you are not wrong. we in new jersey have no patience. tom, thank you as always

sharing your thoughts. >> thank you, tracy. tracy: zero patience, actually, absolutely none. coming up the presidential election is just hours away so who has the best chance to win? "the wall street journal"'s gerry seib is here next to tell us. first as we head out, let's see how the dollar is moving as we head out to break. european currencies all down against the dollar except for the japanese yen. we'll be right back. i'm a conservative investor.

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>> at 23 minutes past the hour i'm lauren green with your fox news minute. it has been a rough start to the week for new york commuters. thousands of people waited outside the barclays center in brooklyn to board packed buses for midtown manhattan. service has been restored on key subway lines but feuer trains than normal are not running. if there is isn't enough bad weather already there could be another storm headed to areas devastated by sandy. forecast terse say a nor'easter couud bring heavy rain and moderate winds and flooding wednesday and thursday t could hamper efforts to restore electricity. we have the first person to ever climb 103 floors of

chicago's willis tower wearing a mind control prosthetic limb. bauder lost his right leg in a motorcycle accident. those are the news headlines on the fox business network. back to tracy. tracy: nice to hear some good news in the midst of all this, lauren green. thank you. pretty inspiring. the final day before, of campaigning before president obama and republican hopeful mitt romney face off in the election. our next guest says it all comes down to two states and enthusiasm from romney supporters. joining us now, gerry seib, "the wall street journal"'s washington bureau chief. gerry, i'm so glad you're with us. you have been through these. this one is very different, isn't it? we got a confluence of events between the storm, the economy, and these really, really tight polls. >> absolutely. you know, they all look a little different. this one looks a little more different. i keep telling people the more i learn the less i feel

like i know about this one. it is a strange election. it is close. there are a lot of x-factors. the storm was the final x-factor. i think it comes down to a question of turnout as opposed to whose mind is being changed at the end. i'm not sure there are many minds changed at the end. tracy: undecided voters we're down three to 5%. what are the states that really worry you the most? >> the two i will keep eye on are virginia and ohio. there has been a lot of attention focused on ohio. that is appropriate. no republican has ever won the presidency without winning ohio. mitt romney has never gotten in the public polling in the hump over ohio. stray poll here or there that show him tied but most show him behind. that's a big problem. i think there is not enough attention paid to virginia. to make the electoral college math work, mitt romney has to win virginia and hope to win ohio. it is difficult to get from here to there without virginia. virginia should be an easier state for mitt romney. it is probably one he ought

to win. if he doesn't win that it is hard to figure out how it works. as i'm going through election night tomorrow night i will look at virginia first, not ohio first. tracy: you mentioned voter turnout. romney turnout in particular. this hurricane sandy have any effect on turnout you think? >> i'm not sure it has much of an effect on turnout. what it has some effect, paused the election for three days when mitt romney needed to be continuing to build momentum. the momentum that he had seemed to stall out last weekend. then the hurricane hit and distracted everybody. so i think the key question at the end here whether he managed in the last 48 hours to recreate some of that momentum. the thing is though, his voters have been pretty enthused all year. there is an enthusiasm gap. it benefits republicans. the romney supporters or the obama haters and there are some much each in the romney coalition are really very likely to turn out. the great x-factor, what about the obama coalition legs? doesn't look as enthused as

2008. obama said they will be there at the end. young voters will show up. hispanic voters will show up. that will be sufficient and the demographics have shifted in our favor over the last four years. tracy: we shall see. gerry seib, thank you so much for your insight, sir. >> sure. tracy: president obama's top advisor david axelrod said, well, it is in the bag. we'll see. one of the states hardest hits in the economic crisis is also a critical win in tomorrow's presidential election. we're going live to nevada. las vegas strip to be exact. talking with business leaders. that is all next. first look at some of today's winners with and lose others as we head out to break. the dow is only down seven points. e-trade financial is up over 4%. tesoro, a charles payne favorite, also up 4%. we'll be right back.

>> at least we have a decent view. no rain. hi, we're all waving to you out there. it's 30 past the hour, nicole's on the floor of the new york stock exchange. nicole, the dow is positive, trying so hard. >> what do you think of the markets ahead of the election? >> dead, dead. that's what they are. i mean, you know, the day is finally upon us. we've been looking at this election for the last two years. the markets have whipped around and vacillated back and forth based on who is in the lead, who is not in the lead. it's here. we are just waiting and seeing. most of the clients and people i talk to are on pips and needles. we may wake up wednesday morning and still not know who the is

next president. >> that may very well happen. what percentage of this floor is for one side or the other? i mean, could you give a guess? >> antedoe tally, the majority are thinking a romney win is better for the market and think romney wins, but, yeah, for business, yeah, all of that, better business acumen, bringing the congress together, getting thins done is a big deal. we'll wait and see. it's tight right now. nobody knows for sure. >> it's somewhat painful, as keith noted, wednesday morning, we may not know who won this. we'll continue to wait. we're waiting. back to you. >> even the tone in the voice is just dead, just everyone is waiting. enough. it's here finally, tomorrow. don't miss it. we're covering it wall-to-wall here in fox business. nevada holds the nation's highest unemployment rate and

highest number of quarterly foreclosures since 2007, and it's still considered a swing state believe it or not. adam schapiro in vegas. hey, adam. >> hello. we've been talking with people about what's happening, not just in las vegas, but across nevada. it is, in some circles, a swing state. we'll find out tomorrow. joining me is colleen kelly, the president of the greatest las vegas association of realtors. what is, in is nutshell, happening in the real estate market. this state and city were hardest hit. >> we went for quite a long time since a year ago this past october with a shortage of inventory due to a local state bill requiring affidavits to file defaults. those are releasing now. we're seeing the backup of inventory coming on to the market. >> the backup of inventory, the problems with people underwater,

applied analysis put out a statistic, 50-plus, 57% of mortgage holders here underwater. what's the future hold for those who want to own a home here and for those who already do? >> well, i think it's a great time to, you know, purchase here. we're seeing so many investors coming here to buy from all over the world, and more than half of our sales are cash. >> all right. so now let's talk about the housing situation as it might play out with the electorat. i believe there's a statistic from the secretary of state's office here that already a majority of people have already voted in early voting, and the democrats lead 70,000. republicans say that's a far smaller number than 2008. let me ask you this. will foreclosures drive the way people are voting or the loss of value if their properties? do you think it drives the way people are voting? >> i don't think that's the main issue. i think jobs are probably the main issue here in nevada, but

not necessarily the housing because we're pretty resilient here, and everything comes back well. >> i'm going to give you the last word. what do you want people to know what's happening with housing? the most important issue. >> housing is on the rebound. prices increased six straight months in a row. we're seeing an improvement. >> all right, colleen kelly, thank you for joining us on fox business. back to you, but tomorrow, we go deeper into the numbers for early voting and what that means for democrats and republicans. republicans point out republicans vote much more on election day than do the democrats who turn out for early voting. we'll hit you with that tomorrow, but for now, housing bottoming here in las vegas. >> take it; right? home prices up 17%, even though they are down 50%. adam, you are warm out there, and i'm jealous sir. see you tomorrow. keep it here on fox business for extensive coverage of election night in america.

stuart varney, lou dobbs, and, of course, neil cavuto, guiding you through it all starting at 5 a.m.. you can't miss it because you know neil will make a joke at some point. oil closing 79 cents on the day at $85.65 a gallon, a gain of 1%. maybe that means more and more people are actually out there buying it. that would be a good thing. coming up, the losses from hurricane sandy add up. liz reports on possible damage to trillions of dollars in damage in stock certificates. ten year down three points at 3.186%, and the 30-year down as well as, well, there it is, 2.87%. we'll be right back. ♪ [ male announcer ] this is steve.

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>> oh, this kills me. folks in the new york city area still digging out, and what you're looking at now is stanten island trying to recover from last week's superstorm canaledy. more--

sandy. tens of thousands just without their home, and the weather is getting colder. awful. today, new york state attorney general said he's invest gaiting price gouging complaints to boot from residents throughout the state. if you can believe this, another storm on the way. a nor'easter is brewing off the east coast. actually scheduled to pound the region with heavy winds, heavy rains, and we need this like we need a hole in the head. water damage from sandy's also taken a hit on stocks. the stock certificates and paper securities believe it or not. how much was destroyed in the flooding? can they be replaced? bottom line on this with liz in the bottom line. >> this is a story you say, wait a second, i didn't think of that. right. >> here's where the vault is. in other words, when you make a trade, the depository trust puts paper certificates in a vault at 55 water street so you don't

post them investor to investor across the country. the floors of the building flooded. the vault was reportedly under water. that is a big problem. here's what they are saying right now. significant damage from flooding suspending indefinitely the processing of stock certificates. the vault is inaccessible until power is restored and cannot assess, yet, water damage. $13 trillion in stocks, paper certificates stored there, may have water damage. we don't know the amount yet. after 9/11, $16 billion worth of paper stocks certificates damaged, and they had to pony up $300 million to restore the paper certificates. >> the importance here is because the stock certificates show the original purchase price, the basis of the stock; right? which you need, unfortunately when you sell it and do taxes. >> yeah, that's right. the depository trust clearing says they have computer records, but they are struggling to,

basically, ensure they have the right dollar amounts. it's months before investors can figure out whether the cost of the damage to the paper stock holdings, you know, claim ownership to the stock certificate. that's going to take a long time to figure out that. well into next year. >> everyone's putting variants on their tax returns. >> that's right. >> liz, thank you very much. >> sure. >> well, sandy is long gone, but the damage is very much with us. one specific industry is feeling the toll to the tune of half a billion dollars. what market was hit hard? dennis neil covering the story now. hey, dennis. >> hi, tracy. for all the devastation done, a bigger cost from lost business like lost advertising sales in the media business. tv and radio stations lost out on maybe half a billion dollars in revenue, blasted through ad breaks and replaced regular

entertainment with no-ad news special and because manhattan houses madison avenue, home of the advertising business, spenders didn't get to work last week to spend for the cliebts. media forecaster reducing estimate for u.s. ad spending in the third quarter to drop 0.5.rather than rising slashing if to zero growth rather than 1.4% for the year. one medium's loss is another gain. online as much ass like youtube and facebook and especially twitter likely reached advertising wind fall as sandy landed. an online tracking firm says sandy generated $80 million in media value coverage from online conversations about the storm, four times as high as the $17 million in online chat generated a year ago by hurricane irene.

twitter gets $60 million. this is not ad revenue generated by services. it's as if sandy were a product, publicity online, but ad revenue online probably went up as well. tracy: take from one, add to the other, hurts the economy all around. dennis neil, thank you very much. a quarter till the hour, time for stocks, annie coal is always there. you have news on j pmorgan, don't you? >> this is a stock to watch based on a lawsuit monday that basically jpmorgan lost a bid by the dismiss sal of the lawsuit of the regulators accusing the bank of misleading fannie and freddie in buying billions of dollars worth the mortgage loss securities. it was filed by the federal housing finance agency, and the case is one of 17 lawsuits of the kind from, you know, fannie and freddy, and it's not only

jpmorgan, but bank of america and citi group. the dow is virtually unchanged right now. we just moved into positive territory so now we're squeezing out gains here in the back half of the day. back to you. tracy: yeah, nicole, see you at the top of the hour. 2012 a positive year so far. will the presidential election change all of that? we have a leading strategist weighing in next, but, first, some of today's winners and losers as we head to break. the dow just turning positive, and your nasdaq winners, up 4%, electronics up almost 3% today. we'll be right back. it's a new day.

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>> i tracy: hours until election day, where do you put your money? sandra smith is here with today's winners and losers. what do you do? >> a big question posed to investors themselves. we have an s&p year-to-date chart. ready? the stocks up 12% this year, not the dow, not the nasdaq, but general market. black rock asked 671 investors where they believe the stocks go based on the outcome of the

election. here's what they had to say. they believe romney wins, 34% say that chart continues to go higher believing stocks continue higher if there's a romney victory. 22% believe stocks go up with an obama victory. hands down, more confident the stock market goes up if there is a romney victory. that's not based on how thaw vote, but where they think stocks go. a 10-year yield, throw that up there, guys. barclays, just got off the phone with this one. it's getting attention. they put out a note believing bonds will go with an obama or a romney victory. barclays says if obama wins the 10-year yield drops to 1.5% or lower, okay? the reason they stated was because of worries related to the fiscal cliff, and then they said if there's a romney win, the yield gofers above 2% tracy

saying that's the perception of the hawkish fed with romney in. he indicated he would not have ben bernanke in for another term, ect.. a really interesting forecast. tracy: really interesting. no money poured into the market, yields go up. we'll see. good stuff. >> thank you. tracy: a little chime there as well. stocks waiverring near the flat line into election day, but the next guest says it doesn't matter who wins. the pressing issue for the economy is still the darn fiscal cliff. joining us is john, glad you're with us. sandra smith reported if romney wins, markets go up. you don't think so? >> well, you know, i think the markets are going to have to make a determination tomorrow evening at some point based on exit polls or whatever it is, and they have determine short term, medium term, long term. it might very well be the state of ohio is called for governor

romney, and the market goes, oh, that's great, but then remembers that makes it more difficult for the fiscal cliff to get resolved. i think what the markets have to parse out is what their view is between now and the end of the year when we have to fix want fiscal cliff, and then over the medium and long term. i do certainly agree with those poll results that suggest that over the medium and longer term, markets likely favor a victory by governor romney, but between now and the end of the year, the focus of the market's going to be on the fiscal cliff, and if we get a status quo election, which looks likely based on the polls, that could be a better outcome for the markets between now and the end of the year. tracy: between now and the end of the year, the uncertainty is there, the office has to come back in january, make a decision, fingers crossed on that, but people will be disappointed with job growth regardless of who wins. how come? >> that's right. if you go back and look at the job growth in the six months

prior to the election and then compared to the job growth in the six months after the new president's put into office, that's a 50/50 split, same as the polls. in four of the elections since 1980, job growth over the election was better than the job growth in the six months before the election, but the opposite is true too. we have four elections where the outcome is the same so, and then if you exclude recessions, it gets more in favor of better job growth after, but basically, we got 150,000 jobs or so created in the last six months. that's what we get over six months if history's a guide. tracy: not encouraging. where do you put your money or clients' money? home builders, huh? can't fall any further? >> you know, we are, right now, we're a little bit underweight risk in most of the models that we manage for our advisers clients who are a little bit

cautious here during the fiscal cliff period between now and end of the year. there's not a lot of bets on sectors arian cap or style. what we are focused on, really, is the home builders. tracy: right. >> we like the home builders because, you know, we fell a long way in home builders. right now, supply of new homes at a 45-year low. supply of existing homes is low. affordability is high. i think regardless of who wins the election here tomorrow, home builder stocks move higher because the supply and demand there is totally out of balance. tracy: well, we'll know tomorrow, won't we? john, thank you very much for sharing thoughts. >> sure, any time. tracy: pilot flying j invested in generators, and it's paid off. all areas affected by sandy are open. liz claman talks about recovering from canaledy and

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liz: good afternoon everybody. i'm liz claman. it's the last hour of trading. this is countdown to the chosing bell. -- closing bell. let's begin right now, stocks hovering around the unchanged line. we give it to tracy byrnes on this one, just about 17 minutes ago dow jones industrials went into positive territory by about 3 points. highs of the session up 8 points. lows of the session down 54 all leading up to the presidential election tomorrow. it's utilities that are having a really bad day. the worst performing s&p sector by far, down more than 1 1/2%. of course some of this has to be due to the problems with utilities in hurricane sandy.